Thursday, May 22, 2025

Tamarack Valley Energy Announces $195 Million – $205 Million 2018 CapEx

Tamarack Valley Energy Ltd. (ticker: TVE) has announced its 2018 capital budget and full year guidance, along with an operational update, including record Q4 production volumes. 2018 CapEx Tamarack’s $195 million – $205 million capital budget for 2018 reflects the company’s asset base, its higher oil and liquids weighting in 2018 relative to 2017, and a continued focus on efficiencies

Silver Creek Acquires Midstream Assets in Wyoming

Silver Creek Midstream, LLC recently announced that it will acquire Red Butte Pipe Line LLC from Merit Energy Company. The acquisition includes crude oil gathering, transportation and storage assets located in the Big Horn and Wind River Basins of Wyoming. Red Butte is a 530-mile crude oil gathering system with an expansive footprint across the Big Horn and Wind River

Oil Trades Near Three-Year High as OPEC Members Reassure on Cuts

From Bloomberg Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains. Futures were little changed in New York after rising 4.7 percent last week. The production curbs have contributed to stability in the market and